8 Nonantum Rd
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2019 | Sold | ||
| Sold | |||
| Apr 29, 2019 | Listed by Coldwell Banker Realty - Marblehead | $1,149,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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What a beautiful evening for a gathering" , you say as you finish prepping in the kitchen. A quick glance out to the harbor and you notice your friends coming in on the launch from their boat. You run out to the deck to give them a neighborly wave as they approach the public landing below. The sunlight is glistening on the harbor and the seabirds are dancing among the sailboat masts. You wonder if any of the guests will want to take a kayak out before night fall, as the harbor is still. Later in the evening everyone will enjoy the spectacular sunset from the decks. From inside the house, you hear the music playing throughout the house and tuck back in to open the wine. The gas fireplace is lit in the living room, more for ambiance, as there is a soft gentle sea breeze tonight. The doorbell rings, you check the security camera, the guests have arrived! As you walk down the beautiful staircase to greet your friends, you smile and think "I have finally come HOME
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017